Announcement Regarding Approval Resolution on Share Consolidation, Abolition of the Determination of the Number of Shares per Trading Unit, and Partial Amendment of the Articles of Incorporation

Overview of Capital Policy

Fast Fitness Japan Inc. approved, as originally proposed, the share consolidation plan to consolidate 4,554,450 common shares into one share, the abolition of the determination of the number of shares per trading unit, and partial amendment of the articles of incorporation at the extraordinary general meeting of shareholders held on March 19, 2026. Accordingly, the total number of issued shares will decrease from 18,700,940 shares to 4 shares, and the total number of authorized shares will be 16 shares. The effective date of the share consolidation is scheduled for April 22, 2026.

Impact on Shareholders and Future Outlook

Following the share consolidation, fractional shares less than one share will be sold to the tender offeror, JG35 Co., Ltd., and the proceeds from the sale will be distributed to shareholders. The company’s shares will be designated as stocks to be delisted from March 19, 2026, and will be delisted from the Tokyo Stock Exchange Prime Market on April 20, 2026. Trading of the company’s shares will no longer be possible after delisting, so shareholders should take note. The partial amendment of the articles of incorporation abolishes the determination of the number of shares per trading unit, and shareholders are expected to be limited to the tender offeror and Oak only.